Dixon Technologies: Ready for Breakout
The script is forming two patterns, multiple top and ascending triangle, at a time, breakout level being the same for the patterns.
Increasing volume is also indicating to go long once price breaks out the given level.
Besides, Dixon is also a leader in the market in the fields of ODM and OEM and is expected to grow faster with the China+1 strategy and Make in India/Atmanirbhar Bharat policy.
Technically, Targets: 5500/6000 and SL:4100
#TradeTheTrend#ThemeBased#TechnicalPick
Increasing volume is also indicating to go long once price breaks out the given level.
Besides, Dixon is also a leader in the market in the fields of ODM and OEM and is expected to grow faster with the China+1 strategy and Make in India/Atmanirbhar Bharat policy.
Technically, Targets: 5500/6000 and SL:4100
#TradeTheTrend#ThemeBased#TechnicalPick
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